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Guyana Int’l Fashion Showcase captivates audience with style and extravagance Oct 13, 2024 News Scenes from Guyana Int’l Fashion Showcase (Photo credit: NCN Guyana) By Shania Williams Kaieteur News – The Guyana International Fashion Showcase (GFS), a celebrated event for local fashion, concluded at the Ramada Georgetown Princess Hotel on October 5, 2024. This year’s showcase was particularly noteworthy, taking place amid the festivities of Cricket Carnival 2024, and succeeded in captivating its audience with its array of stunning local designs and cultural presentations. Despite some minor setbacks, the showcase emerged as a significant highlight of the season. Organized by Chief Executive Officer (CEO) of GFS Philbert Giddings and Michelle Wagner, Guyanese designer and co-founder of CoLabs, the event aimed to put Caribbean fashion on a global stage. Giddings had promised a night of extravagance, and he certainly delivered. “Tonight was about saving the brand; it was a great turnout.” “Next year, we will be bigger and better,” he remarked immediately after the show. American actress and model Cynthia Bailey hosted the event, skillfully entertaining the audience while introducing each designer and their unique collections. Her charisma and professionalism set the tone for the evening, engaging attendees and celebrating the creativity of the designers. The showcase featured eight local designers, each bringing their own distinctive style to the runway. Models like British- born Sharminah Leah who is of Guyanese descent and Miss Guyana Culture Queen 2024, Shequana Holder took to the runway with all the style and charisma needed to make the event a success. This year the GFS models came of various sizes, skin tones, and cultural backgrounds, emphasizing the event’s commitment to inclusivity. The showcase kicked off with Pixie Hollow Makes by Felicity Sonaram, a promising 20-year-old fiber artist and crocheter who made her debut with a collection that she describes as whimsical and provocative. “I can’t wait to continue building my brand and nurturing this caterpillar into a flamboyant butterfly! I can’t wait to see what’s in store next,” she exclaimed. Sonaram’s journey into fashion began as a hobby, inspired by her love for fantasy and femininity. She expressed her pride in her accomplishments to The Waterfalls, “It’s crazy I’m here; I can’t even fathom it right now… my family and friends helped me spread and push my business over social media. I would not be as known if it wasn’t for them, and this show definitely putting my work out there and I am thankful” Following Sonaram was InitiallyCNYC by Cindi Simone, a designer with deep roots in Guyana who moved to the United States at 15. Simone launched her clothing brand in 2018, drawing inspiration from her passion for comfort, freedom, and personal style. Her collection included the signature Initial LOVEwrap, a versatile piece that resonated with the audience. Her collection showcased various garments adorned with floral designs that celebrated the beauty of the natural world. Pamela Fox took the stage next with her line, Foxxy, which honors her heritage and the lush environment of Guyana. Presenting her Paulina’s Collection, Fox shared, “Nature’s beauty is in my blood, and the spirit of adventure is in my heart.” Her collection featured custom dresses that beautifully combined crochet and cotton, demonstrating her commitment to craftsmanship and design. The audience was then treated to a display of creativity from Karen Hughes, showcasing her brand, Kosmic Vibes. With over twenty years of experience in fashion design, Hughes has ventured into various creative realms, including batik and fabric painting. “People just see tie-dye for T-shirts and beach wraps, but I showed that you can make a sophisticated outfit for a sophisticated woman,” she stated, emphasizing her belief that fashion can be both expressive and elegant. In a delightful surprise, reggae Surinamese artist Le Prince took to the stage, captivating the audience with his performance. His energy had attendees dancing and enjoying the lively atmosphere, further enriching the cultural experience of the evening. ColeFacts by Michelle Cole Wagner, a Guyanese designer who has made a name for herself in the fashion w reflected on her journey and the evolution of her brand she said that “As a teenager, I designed the wardrobe for a high school fashion contest and haven’t looked back since,”.Known for her unique wedding dresses, she exemplifies how local talent can achieve global recognition. Hashim Alli showcased Nachle Designs, which blends Eastern and Western influences in a unique collection called Khazaana. Made from colorful silk fabrics traditionally used for sarees, this line skillfully incorporates other materials to create ready-to-wear couture pieces. In an unexpected twist, Alli allowed his young son to model one of the outfits. Renowned designer, Rick Bailey next presented Ricky Bailey Designs, sharing his passion for fashion that began in his youth. “Being a fashion designer has taught me to be agile and customer-focused,” he explained, highlighting his commitment to building strong relationships with his clientele. With locations in Hackensack, New Jersey, Manhattan, and Kingston, Jamaica, Bailey’s work has reached a global audience. The showcase concluded with the stunning House of Pearson by Quinton Pearson, an award-winning designer celebrated for his high fashion and niche productions. Pearson’s brand focuses on the evolution of personal style, emphasizing individuality. “Inhale fashion in all its glory and exhale its style,” he remarked, capturing the essence of his vision for the brand. As the evening wrapped up, Philbert Giddings expressed gratitude to everyone involved in making the event a success. “We’re here to empower designers and models, showcasing their talents globally,” he said, highlighting the broader mission of the GFS. The Guyana International Fashion Showcase made its debut in May 2019 and has since held editions in New York and Atlanta. With plans to expand to other international destinations such as the Bahamas, Jamaica, and London, GFS is committed to establishing Guyana as a vibrant fashion hub on the global stage. According to the GFS team, “As we move forward, our vision is to empower Guyanese designers and models to showcase their talents globally, promoting cultural diversity and creativity.” This commitment not only enhances the local fashion scene but also strengthens Guyana’s position in the international arena, fostering a rich tapestry of cultural expression through fashion. Related Similar Articles

Leafy Sea Dragon Oct 13, 2024 News Kaieteur  News – Sea dragons are some of the most ornately camouflaged creatures on the planet. Adorned with gossamer, leaf-shaped appendages over their entire bodies, they are perfectly outfitted to blend in with the seaweed and kelp formations they live amongst. Population Sea dragons are some of the most ornately camouflaged creatures on the planet. Endemic to the waters off south and east Australia, leafy sea dragons are closely related to seahorses and pipefish. Leafies are generally brown to yellow in body color with spectacular olive-tinted appendages. Movement Leafies are shaped to give themselves near-perfect camouflage in seaweed. But the leaf-like structures are not used for swimming. To move, this species uses two fins—one pectoral and one dorsal—that are so thin they are almost transparent. Reproduction As with sea horses, sea dragon males are responsible for childbearing. But instead of a pouch, like sea horses have, male sea dragons have a spongy brood patch on the underside of the tail where females deposit their bright-pink eggs during mating. The eggs are fertilized during the transfer from the female to the male. The males incubate the eggs and carry them to term, releasing miniature sea dragons into the water after about four to six weeks. Threats to Survival Sea dragons survive on tiny crustaceans such as mysids, or sea lice. It is not known if they are preyed upon by other animals. They are, however, frequently taken by divers seeking to keep them as pets. In fact, such takings shrank their numbers so critically by the early 1990s that the Australian government placed a complete protection on the species. Pollution and habitat loss have also hurt their numbers, and they are currently listed as near threatened. Related Similar Articles

NATIONAL QUALITY WEEK 2024 – CELEBRATE STANDARDS Oct 13, 2024 News GNBS IN FOCUS: Kaieteur News – This week, the Guyana National Bureau of Standards (GNBS) joins regional and international standards bodies to observe World Standards Day (WSD) on October 14. This date marks the first gathering of delegates from twenty-five (25) countries to establish the International Organisation for Standardisation (ISO). This year’s theme is “A shared vision for a better world – Spotlight on SDG 9,” which focuses on building resilient infrastructure, promoting inclusive and sustainable industrialization, and fostering innovation. The theme was chosen by the ISO, the International Electrotechnical Commission (IEC) and the International Telecommunication Union (ITU). During this decade, the themes are aligned with the SDGs to emphasize the role of international standards in offering practical solutions to global issues. As is customary, the GNBS designates the week surrounding World Standards Day as National Quality Week (NQW) and will host several activities to commemorate the occasion. This year’s activities begin with messages from the Minister of Tourism, Industry and Commerce Hon. Oneidge Walrond, Chair of the National Standards Council (NSC) Ms. Shannielle Hoosein-Outar and Executive Director of the GNBS, Mr. Trevor Bassoo. On Monday, there will be a Speech Competition for Secondary Schools in Region Five (Mahaica-Berbice). This activity is being executed through a collaboration with the Ministry of Education and involves Grade Ten students from five Secondary Schools. The students will be given the opportunity to speak on a Standards-related topic for five minutes and they will be allocated points based on their ability to speak on the assigned topics, use examples, proper pronunciation, grammar, delivery and the maximum use of their time. On Tuesday, the Bureau’s Marketing Team will launch the ‘Made in Guyana’ video campaign on social media aimed at promoting locally manufactured products certified by the GNBS. There is also a ‘Like and Share’ social media campaign to create awareness on standards and quality. The week of activities culminate with the GNBS’ Long Serving Awards ceremony where employees who have been with the Bureau for five, ten, fifteen, twenty and twenty-five years will be awarded for their longevity with the Standards Body. This year, a total of eighteen employees will be awarded for their commitment to the Bureau and Standardisation. Throughout National Quality Week, the GNBS Corporate Communications and Marketing Departments will share information via newspapers, radio, television and social media to ensure that the public is updated and involved. On this occasion of National Quality Week, the GNBS encourages all Guyanese to get involved with standards. Finally, as it works to “Create a culture of Quality”, the GNBS extends gratitude to all stakeholders for their continued support and for utilizing the standards and services it offers to meet their needs. For further information, contact the GNBS on telephone numbers: 219-0064/65/66, hotline 219-0069 or WhatsApp us on 692-4627. Related Similar Articles

Country Profile: Benin Oct 13, 2024 News Kaieteur News – Benin, country of western Africa. It consists of a narrow wedge of territory extending northward for about 420 miles (675 kilometres) from the Gulf of Guinea in the Atlantic Flag of Benin Ocean, on which it has a 75-mile seacoast, to the Niger River, which forms part of Benin’s northern border with Niger. Benin is bordered to the northwest by Burkina Faso, to the east by Nigeria, and to the west by Togo. The official capital is Porto-Novo, but Cotonou is Benin’s largest city, its chief port, and its de facto administrative capital. Benin was a French colony from the late 19th century until 1960. Prior to colonial rule, part of the territory that is now Benin consisted of powerful, independent kingdoms, including various Bariba kingdoms in the north and in the south the kingdoms of Porto-Novo and Dahomey (Dan-ho-me, “on the belly of Dan;” Dan was a rival king on whose grave Dahomey’s royal compound was built). In the late 19th century French colonizers making inroads from the coastal region into the interior borrowed the name of the defeated Dahomey kingdom for the entire territory that is now Benin; the current name derives from the Bight of Benin. History of Benin Benin Coat of Arms As a political unit, Benin was created by the French colonial conquest at the end of the 19th century. In the precolonial period, the territory comprised a multiplicity of independent states, differing in language and culture. The south was occupied mainly by Ewe-speaking peoples, who traced their traditional origins to the town of Tado (in modern Togo). During the 16th and 17th centuries, the most powerful state in this area was the kingdom of Allada (Ardra), but in the 18th and 19th centuries its place was taken by Dahomey. In the north, the largest group was the Bariba, the most important state being the kingdom of Nikki, which formed part of a confederacy including other Bariba states located in what is today Nigeria. The Somba, in the northwest, did not form a kingdom. The Portuguese first explored the coast of Benin in 1472 but did not begin trading there until 1553. During the 17th century the Dutch, English, French, and other Europeans also entered the trade. The principal export before the mid-19th century was always slaves. The volume of slave exports was at first small, but it increased rapidly in the second half of the 17th century, when this area became known to Europeans as the “Slave Coast,” and remained high until the 1840s. The principal centre for the trade was the coastal kingdom of Ouidah (Whydah), which was originally a tributary of Allada but had become an independent state by the 1680s. The slaves exported were predominantly war captives and were drawn from the entire area of modern Benin, including northern peoples such as the Bariba as well as communities near the coast. The Atlantic slave trade had a substantial and deleterious impact in Benin, causing the depopulation of certain areas as well as a general militarization of society. The prominence of slaves from this area in the transatlantic trade is reflected in the survival of elements of its culture in black communities of the New World, especially in the “voodoo” religion of Haiti, which incorporates many spirit cults and deities of the Ewe-speaking peoples. Ethnic groups Cotonou City Despite attempts at greater national unity and integration since 1960, differences among Benin’s ethnic groups survive to a marked degree. The Fon, who make up about two-fifths of the population, live in various parts of the country and especially in Cotonou. The Yoruba, who are related to the Nigerian Yoruba, live mainly in southeastern Benin and constitute about one-eighth of Benin’s population. In the vicinity of Porto-Novo, the Goun (Gun) and the Yoruba (known in Pobé and Kétou as Nago, or Nagot) are so intermixed as to be hardly distinguishable. Among other southern groups are various Adja peoples, including the Aizo, the Holi, and the Mina. Languages Ouidah the Door of no Return French is the official language and the language of instruction, but each ethnic group has its own language, which is also spoken. Most adults living in the various ethnic communities also speak the dominant language of each region. The most widely spoken languages are Fon and Gen (Mina), members of the Kwa branch of the Niger-Congo family of African languages; Bariba, a member of the Gur branch of the Niger-Congo family; Yoruba, one of a small group of languages that constitute the Yoruboid cluster of the Defoid subbranch of the Benue-Congo branch of the Niger-Congo family; and Dendi, one of the Songhai languages, which are generally assumed to constitute the primary branch of the Nilo-Saharan language family. Religion Grande Mosquee Porto-Novo Christian missions have been active in the coastal region since the 16th century, and almost half of the total population is Christian; of the Christians, about half are Roman Catholic, while the remainder includes small groups of Methodist, Baptist, and independent Christian denominations. Islam has adherents in the north and southeast; about one-fourth of the total population is Muslim, nearly all of whom are Sunni. Some one-fourth of the population adheres to traditional beliefs, including Vodun (Vodou or Voodoo), which originated in the area of western Africa that includes what is now known as Benin and was brought to the Caribbean and the Americas by Africans enslaved during the Atlantic slave trade in the 17th–19th centuries. In addition, many adherents of Christianity and Islam also include some elements of traditional beliefs in their practices. In the south, animist religions, which include fetishes (objects regarded with awe as the embodiment of a powerful spirit) for which Benin is renowned, retain their traditional strength. Cultural life Benin food French colonial rule and subsequent close ties with France have left a deep impact on all aspects of cultural life, especially among the educated segments of the population and in the southern cities. Each ethnic group also has its own centuries-old tradition, which itself often mixes with the French influence. These cultural traditions are clustered in two distinct regions, the largely Muslim north and the largely animist and Christian south. In Cotonou one finds many kinds of commercial enterprises, often with a French flavour, such as restaurants, cafés, and discotheques. Diplomats of foreign governments and many of Benin’s elite live in newer residential sections. There are several movie theatres and several hotels that provide entertainment. Most other towns have modern sections on a smaller scale. In other sections of the towns, however, tradition dominates cultural life. Extended families live in family compounds in distinct neighbourhoods, where they practice religious rites and celebrate festivals with music and dance. Markets where foodstuffs, clothing, and traditional medicines and arts are sold are important centres of daily life. Related Similar Articles

Sir Clive Lloyd appointed to GCB as Special Technocrat Oct 13, 2024 Sports Kaieteur Sports – The Guyana Cricket Board (GCB) is pleased to announce the appointment of Sir Clive Hubert Lloyd as Special Technocrat to the Board with immediate effect. Sir Clive’s appointment was successfully concluded after a high-level engagement with President of the GCB, Mr. Bissoondyal Singh. The outstanding former Guyana and West Indies captain expressed his willingness to serve and to have the opportunity to contribute to cricket development in his native land. Former West Indies Captain, Sir Clive Lloyd (PA) President of the GCB, Bissoondyal Singh Mr. Singh, on behalf of the GCB, conveyed his delight at this appointment and noted that Sir Clive would be value-added to the Board with his wealth of cricket experience garnered from over sixty (60) years association with the game as a player, official and administrator. The GCB stands to benefit considerably from his immense knowledge of the game and will be paying close attention to his advice, guidance and recommendations. With another former WI captain, Ramnaresh Sarwan, serving in the very important position of chairman of senior selectors, the GCB can justifiably boast that it has two (2) former WI captains and six (6) other former first-division cricketers including Andre Percival who captained the West Indies Youth Team on it 13-member Executive Committee, a composition that has no parallel in regional cricket and also is indicative of the GCB’s commitment to develop the game by engaging the services of former cricketers. Sir Clive’s illustrious career included induction into the ICC Hall of Fame in 2019, Knighthood by Duke of Cambridge Prince William in January 2022, recipient of the Order of the Caribbean Community in July 2024, appointment as an ICC Match Referee, serving as chairman of the ICC Cricket Committee and as captain winning the inaugural ICC One-Day Cricket World Cup in June 1975. In his international playing days, Sir Clive Lloyd blazed a trail of outstanding achievements from 1966 to 1985 during which time he played 110 test matches, was captain in 74 of the matches winning 36 of them thus making him the most successful captain in West Indies Cricket; this included a sequence of 26 Tests without a loss including 11 consecutive victories. His highest score of 242 not out was among his 19 test centuries. As a prominent batsman he played cricket across the world including at varies times forthe Demerara Cricket Club, Demerara County, Guyana, West Indies, Lancashire, Australia State Cricket and a World XI. The President, Executives and members of the GCB hereby congratulate Sir Clive Lloyd on his appointment and wish to record appreciation for his willingness to once again serve Guyana cricket. (GCB Press Release) Related Similar Articles

Bent Street ‘Champion of Champions’ Futsal C/ship set for Tuesday’s kick-off Oct 13, 2024 Sports Stakeholders of the inaugural Bent Street ‘Champion of Champions’ Futsal championship displayed trophies during Wednesday’s launch at New Look Salon. Kaieteur Sports – The inaugural edition of the Bent Street ‘Champion of Champions’ Futsal Championship was launched Wednesday last at the New Look Salon in North East La Penitence. The event, which will last for the duration of six dates, will feature 16 teams competing in an initial group stage format. Group A comprises; Bent Street A, Stabroek Ballers, Z-Tekk Family, and Mocha, while group B contains Back Circle A, North East La Penitence, Street Vybz, and Bent Street B. On the other hand, group C is made up of Gold is Money, Linden All-Stars, Laing Avenue, and California Square, while group D consists of Sparta Boss, North Ruimveldt, Team Cruel, and Back Circle B. After the conclusion of the group stage segment, the top two teams in each pool will progress to the quarterfinal round. The playing dates are: October 15th, 19th, 25th, November 2nd, 9th, and 16th. The winner of the event will pocket $1,000,000 and the championship trophy, while the second, third, and fourth-place finishers will receive $500,000, $300,000, and $200,000 and the corresponding accolade, respectively. On the individual side, prizes will also be given to the highest goal scorer, most valuable player, best defender, and goalkeeper, respectively. Tournament Coordinator Troy Lambert during the feature address thanked the sponsors and the GFF for making this event a reality, noting, “It’s a tournament that we have been planning for a long time, and we want it to be an annual affair and something that the teams can look forward to at this time, which we want to make our own.” He further said, “We wanted a very competitive tournament, and that is why we chose to have 16 teams so that we can get that competitive event. Every game is a tough game. We will also incorporate a U-15 youth tournament from the knockout round that will run at the same time as the main event. We are asking the teams and the fans to come out and support the event.” Wayne Griffith, Referees Coordinator of the tournament, said, “It’s a good look for football; it’s good to see a street team and community come out and host their own event. This is going to be an exciting tournament.” Daniel Wilson, Captain of Bent Street, said, “This is a good look for the teams that they are hosting their own events; we have been planning this for years, and I expect it to be very competitive as we have 16 of the best teams in the country, and the fans should come because it will be very exciting.” Meanwhile, his Back Circle counterpart Selwyn Williams said, “It’s a privilege to be here, as one of the best teams in the country. This tournament is going to be very exciting and competitive, as it will have the best teams. There will be good football and officiating, and if you are coming to take the title from Back Circle, you will need to train and prepare very hard.”   Related Similar Articles

Talking Dollars & Making Sense: Navigating Business Loans with Credit Unions Oct 13, 2024 News Kaieteur News – Welcome back to Talking Dollars & Making Sense. Today, we’re going to discuss a topic that’s crucial for entrepreneurs looking to finance their business—loans. Whether you’re starting a business or trying to grow an existing one, securing the right type of loan can make all the difference. In this column, we’ll focus on loans from credit unions, specifically the Guyana Public Service Credit Union (GPSCU). We’ll break down how their secured loans, like the Character Loan and Guarantor Loan, can help public sector employees fund their business ventures. If you’re a public sector worker who is a member of GPSCU, these loans might be the financial solution you’ve been looking for. Why Credit Unions? Credit unions offer several advantages over traditional banks, especially for small business owners and entrepreneurs. Because credit unions are member-owned, they tend to offer more flexible loan terms, lower interest rates, and personalized service. This makes them a great option for individuals who might not qualify for traditional bank loans, or who are looking for more favorable loan conditions. For public sector employees in Guyana, the Guyana Public Service Credit Union (GPSCU) offers two types of secured loans that can help fund business initiatives—the Character Loan and the Guarantor Loan. Let’s dive into how these loans work and how they can benefit you. Character Loan: Using Your Assets as Collateral The Character Loan is one of GPSCU’s main offerings for public sector employees who need access to financing. This loan allows you to use your personal assets as collateral to secure the loan. Collateral is essentially something valuable that you own—such as savings, real estate, or a vehicle—that the credit union can use as a form of security. How Does It Work? Here’s how the Character Loan process works: Choose Your Collateral: To qualify for the Character Loan, you’ll need to provide some form of collateral. This can include your savings account with GPSCU, real estate (like land), or a vehicle you own. Essentially, you’re using these assets as a way to guarantee the loan. Underwriting: GPSCU analyses the borrower’s profile using a set of criteria such as income levels, existing debt levels etc. Loan Amounts: The amount you can borrow depends on the value of the assets you pledge as collateral. GPSCU offers a range of loan amounts that can start from as little as a few thousand Guyanese dollars and go up to $5 million. The more valuable the collateral, the larger the loan you can secure. Interest Rates & Terms: GPSCU offer lower interest rates compared to traditional banks, making these loans more affordable in the long run. The interest rate on Character Loans is around 8% and loan terms are up to 42 months. Repayment Flexibility: Since you’re using your own assets as collateral, GPSCU is likely to be more flexible with repayment options. This can be a huge advantage if you’re just starting your business and need some breathing room before revenues start to come in. Why Choose the Character Loan? The Character Loan is ideal if you already have valuable assets that you’re willing to pledge in exchange for funding. It’s a great way to secure a larger loan amount if you’re planning to start a business, expand operations, or make major purchases for your business, such as equipment or inventory. Example: Let’s say you have $1.5 million in savings with GPSCU and a piece of land valued at $2 million. You could potentially use both assets to secure a loan that will fund your business startup costs. You now have access to the necessary capital, while keeping your other financial commitments in check thanks to the favorable terms of a credit union loan. Guarantor Loan: Collective Support for Funding GPSCU offers another unique loan product that can benefit public sector employees—the Guarantor Loan. Unlike the Character Loan, where you use your own assets as collateral, the Guarantor Loan allows you to collectively pledge assets with other members to secure a loan. How Does It Work? Here’s how the Guarantor Loan process works: Multiple Guarantors: For a Guarantor Loan, you don’t need to rely on just your own assets. Instead, you can have one or more fellow credit union members act as guarantors for your loan. These guarantors pledge their own assets—such as their savings or property—to help you secure the loan. Shared Responsibility: In the event that you cannot repay the loan, the responsibility falls on your guarantors to step in and make the payments. Essentially, the credit union uses their assets as collateral to back your loan. Underwriting: GPSCU analyses the borrower’s profile using a set of criteria such as income levels, existing debt levels etc. Loan Amounts: Guarantor Loans at GPSCU can also go up to $5 million. The more guarantors you have, and the more valuable their collective assets, the larger the loan you can potentially qualify for. Interest Rates & Terms: Just like the Character Loan, the Guarantor Loan also benefits from lower interest rates and flexible repayment terms. The interest rate on Guarantor Loans is around 8% and loan terms are up to 42 months. Why Choose the Guarantor Loan? The Guarantor Loan is a great option if you don’t have sufficient personal assets to secure a loan on your own, or if you need a larger loan than you could secure with just your assets. By working with trusted colleagues, friends, or family members who are also GPSCU members, you can pool resources to obtain a loan that can fuel your business dreams. Example: Suppose you want to open a small business but don’t have enough assets to secure a loan of $3 million on your own. You could ask two trusted colleagues who have savings and property to act as guarantors. Together, you can collectively pledge assets to back the loan, allowing you to access the funding you need. How Entrepreneurs Can Benefit from GPSCU Loans For public sector employees in Guyana, GPSCU’s Character Loan and Guarantor Loan offer unique opportunities to secure financing in a more personalized, flexible way than what is typically offered by traditional banks. Entrepreneurs can use these loans to: Start a new business: Use the funds to cover startup costs, such as renting office space, purchasing equipment, or buying inventory. Expand an existing business: If your business is ready to grow, these loans can be used to open new locations, hire additional staff, or invest in new technology. Weather financial challenges: Even if your business is facing temporary cash flow issues, GPSCU loans can provide the cushion you need to stay afloat until revenues pick up. The flexibility in how you can use the loans, combined with the favorable terms and community support offered by GPSCU, makes these loans an attractive option for public sector entrepreneurs. Final Thoughts If you’re a public sector worker with an entrepreneurial spirit, explore how these loan options from GPSCU can help you start, grow, or support your business. With loan amounts ranging from a few thousand dollars to $5 million, the possibilities are endless. Until next time, keep making smart financial moves, and remember—your credit union might just be the key to unlocking your business’s potential. Related Similar Articles